Tag: Budget

SMEStreet Decoding Budget 2023 Webinar Showcased Key Takeaways for MSMEs in Union Budget 2023-24

SMEStreet Decoding Budget 2023 webinar was successfully conducted and participated by MSME finance experts. The Decoding Budget is an 9-year-old activity of SMEStreet. after every Union Budget announcement, SMEStreet reaches out to MSMEs and Industry Experts and explains the Union Budget from the perspective of MSMEs.This year, the activity was concluded on 15th Feb 2023, with a Webinar – SMEStreet Decoding Budget 2023. The webinar was also presented with the support from Ministry of MSME, Govt of India. Organized by SMEStreet Foundation – MSME-focused Section-8 Organization with an objective to contribute in MSMEs’ Development through Knowledge Sharing and Networking. The ... Read more

Budget for Agriculture

The Government of India is continuously working for enhancing agricultural productivity, farmers’ income and their welfare in a sustainable manner. Accordingly, the Budget for Department of Agriculture and Farmers’ Welfare (DA&FW) has been increased from Rs. 21933.50 crore (2013-14) to Rs. 124000 crore (2022-23), which is 465% increase for implementation of various agricultural development and welfare schemes aiming to increase agriculture production and farmers’ welfare across the country. Besides, Rs. 8513.62 crore have been allocated during 2022-23 to Department of Agricultural Research and Education for development of several new high yielding, biotic/ abiotic stress tolerant, disease/ insect ... Read more

Fall in Budget allocation to the Ministry

 Budget allocation for Department of Fisheries during 2022-23 has increased from Rs. 1220.84 crore (BE) in the year 2021-22 to Rs. 2118.47 crore (BE) in 2022-23 which is 73.52%. Similarly, budget allocation of Department of Animal Husbandry and Dairying has increased from Rs. 3599.98 crore in the year 2021-22 to Rs. 4288.84 crore in 2022-23, which is 19.14%. : The budget allocation for implementation of Pradhan Mantri Matsya Sampada Yojana (PMMSY) has been increased from Rs. 1000 crore (BE) in 2021-22 to Rs. 1879 crore (BE) during 2022-23 which is 87.90% increase in ... Read more

Union Budget 2022-23 is a direction setting budget aimed at making India future ready – Shri Piyush Goyal

Union Minister for Commerce and Industry,  Textiles and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal today termed the Union Budget 2022-23 as a direction setting budget, addressing both macro-economic and micro-econimic concerns, looking at inclusive development. Speaking at a Public Function to explain the nuances of the Union Budget in Mumbai today, the Minister said “the Budget should be seen as an exercise in continuity to make India future ready”.   Recalling Prime Minister Narendra Modi’s vision of converting crisis into opportunity, Shri Goyal said, the Government has been pro-actively announcing new projects and ... Read more

Futuristic Budget with scientific vision and Start-Up incentives: Dr. Jitendra Singh

Briefing the media about the Budget implications for the Ministries and Departments dealt by him, Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that if one was to explain the General Budget 2022-23 in a single sentence, it would be appropriate to say that this is a “Futuristic Budget with scientific vision and Start-Up incentives”. Under the leadership of Prime Minister Narendra Modi, Dr Jitendra Singh said, ... Read more